DEMIRE Deutsche Mittelstand Real Estate AG: Notification of changes in objectives within the meaning of Section 43 (1) sentence 1 WpHG
August 19, 2020 at 01:25 pm EDT
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DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG
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DEMIRE Deutsche Mittelstand Real Estate AG: Notification of changes in objectives within the meaning of Section 43 (1) sentence 1 WpHG
19.08.2020 / 19:25
The issuer is solely responsible for the content of this announcement.
Notification of changes in objectives within the meaning of Section 43 (1) Sentence 1 WpHG
Klaus Wecken, Ferry Wecken and Ina Wecken each notified DEMIRE Deutsche Mittelstands Real Estate AG ("DEMIRE AG") on 3 April 2018 (published by DEMIRE AG on 5 April 2018 in each case) of the objectives within the meaning of Section 43 (1) sentence 1 of the German Securities Trading Act (WpHG) which they and the subsidiaries controlled by Klaus Wecken (together with Klaus Wecken, Ferry Wecken and Ina Wecken the "notifiers") pursue with the voting rights acquired by them.
In section 4. of the respective notifications, the notifiers have stated, among other things, that they do not intend to change the dividend policy of DEMIRE AG. So far, the dividend policy of DEMIRE AG has consisted of retaining profits and not distributing any dividends.
Klaus Wecken herewith gives notice also on behalf of the parties required to give notice pursuant to Section 43 (1) sentence 2 WpHG:
The intentions of the parties required to give notice with regard to the dividend policy of DEMIRE AG have changed. The aim is that DEMIRE AG will pay an appropriate dividend to its shareholders.
Apart from this, the objectives outlined in the respective notifications of April 3, 2018 remain unchanged.
Contact:
Michael Tegeder
Head of Investor Relations & Corporate Communications
DEMIRE Deutsche Mittelstand Real Estate AG
Telefon: +49 6103 372 4944
Email: tegeder@demire.ag
19.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11 im 'the eleven'
63225 Langen (Hessen)
Germany
Phone:
+49 6103 37249-0
Fax:
+49 6103 37249-11
E-mail:
ir@demire.ag
Internet:
www.demire.ag
ISIN:
DE000A0XFSF0
WKN:
A0XFSF
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. The Company focuses on office, retail and logistics real estate and owns approximately 70 commercial properties with rentable building space in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Stuttgart, Cologne, Leverkusen, Dusseldorf, Bonn, Wuppertal, Bremen, Hamburg, Berlin, Leipzig and Dresden areas. The core business activities of the Company are the acquisition, the management and the rental of commercial real estate and their further development, for example, through modification, modernization or expansion and active portfolio management.